Corporate tax audits in the UAE are becoming increasingly common as the government enforces new tax regulations. Companies must prepare by organizing all required documents such as financial statements, contracts, payroll records, and VAT... submissions. The Federal Tax Authority may request additional documentation to verify income, expenses, and tax payments. A successful audit requires clarity, transparency, and prompt responses to queries. Failing to comply can result in heavy penalties or even legal consequences. Businesses are advised to conduct internal audits regularly and consult tax professionals to ensure compliance and readiness for a corporate tax audit.
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